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Oil slips on fears over higher OPEC supply, slower China demand

Brent crude dropped 14 cents or 0.2% to $63.55 a barrel by 1145 GMT, after losing 1.1% the previous day

Jack Ma loses title as China's richest man after Beijing's scrutiny

Ma's recent woes were triggered by an Oct. 23 speech in which he blasted China's regulatory system

India woos Tesla with offer of cheaper production costs than China

But India faces a big challenge to win a production commitment from Tesla

RBI restricting banks from raising stakes in insurance firms: Report

The RBI wants banks to focus on their main areas of business instead of locking away capital in non-core sectors

Myanmar's neighbours press for Suu Kyi's release, restoration of democracy

ASEAN foreign ministers held talks with a representative of the junta in a video call two days after the bloodiest day of unrest since the military overthrew Suu Kyi's elected government

Hertz set to ride out of bankruptcy with $4.2 bn from investment firms

"We've been...repositioning our business as we prepare for increased travel demand as the pandemic subsides," Chief Executive Paul Stone said

Merck to help make Johnson & Johnson's Covid-19 vaccine, says report

President Joe Biden is expected to make the announcement on Tuesday, the report said

Facebook Oversight Board changes timeline rules for action on case appeals

Under the new rules, the timeline of stipulated 90 days for Facebook's action will start when the board takes up a case for review

COVAX vaccine programme to deliver 237 mn doses to 142 nations by end-May

The timeline for the delivery of doses, made by AstraZeneca and by India's Serum Institute, will be split into separate two-month schedules, COVAX said in a statement

Wall Street's main indices open little changed after strong rally

Investors closely monitored the bond market as well as progress on the next round of fiscal stimulus

Merck to help make J&J's coronavirus vaccine: White House official

The deal with J&J comes just days after the US government authorized its one-dose Covid-19 vaccine and as the company looks to increase its production

Fauci says US must stick to two-shot strategy for Pfizer, Moderna vaccines

Fauci said on Sunday he was encouraging Americans to accept any of the three available Covid-19 vaccines

Oil slips on fears over higher OPEC supply, slower China demand

OPEC oil output fell in February as a voluntary cut by Saudi Arabia added to reductions agreed to under the previous OPEC+ pact

UK banks face savings glut on road to Covid-19 pandemic recovery

More deposits help shore up bank finances, but are not necessarily good news for lenders

France changes tack and approves AstraZeneca shots for under-75s

The reassessment is likely to help speed up France's vaccination campaign which many have criticized as too slow

Germany planning to extend coronavirus lockdown until March 28: Report

Merkel is due to discuss lockdown and easing options with the 16 state heads on Wednesday, as coronavirus cases in Germany hit more than 2.4 million

'Pawri' power: 5-second social media clip pulls India, Pakistan closer

The short video shot by Dananeer Mobeen in the Nathaigali mountains of northern Pakistan and uploaded onto Instagram shows a group of youngsters enjoying themselves by a roadside

Australia's central bank commits to keep 3-year yields low amid bond rout

Global bond markets have sold off heavily in recent days on speculation the massive monetary stimulus will soon end as economies emerge from the pandemic-induced recession

Asian shares fall amid China's asset-bubble warning in foreign markets

European markets appeared set for a lower open with Euro Stoxx 50 futures down 0.38% and London's FTSE dropping 0.4%. Those of Germany's DAX fell 0.49%

Chinese fintech firms expected to meet capital requirements within 2 years

Chinese financial regulators have rolled out a slew of measures since last year to tighten the oversight of online lending practices